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sandra: charlie, you see reason to play defense into the upcoming election. in fact, you say there is a way to say if romney wins or if president obama wins. what would that exactly be if there was various outcomes to the election, obviously? >> i think the chances are that capital i believe pretty much on strike for most of this year is going to see the potential for better economy, the first year of any administration doesn't tend to be that good of a year for the market or the economy. the market would definitely see the possibility to come off the sideline in the later part of next year into 2014. your previous guest talking about how a win for obama pretty much has been discounted, but if you see it, it'll be capital sitting on its hands for the next four years. david: if in fact obama wins the election, fiscal cliff is resolved, therefore you think all this cash, we are seeing great market again, but it has been on low volumes. the thing that would change into flooded the market? >> yes, i do. even more importantly is for romney to reverse obamacare. fo
sandra: charlie, you see reason to play defense into the upcoming election. in fact, you say there is a way to say if romney wins or if president obama wins. what would that exactly be if there was various outcomes to the election, obviously? >> i think the chances are that capital i believe pretty much on strike for most of this year is going to see the potential for better economy, the first year of any administration doesn't tend to be that good of a year for the market or the economy....
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Oct 12, 2012
10/12
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. >>> cyber security stocks higher today after defense secretary leon panetta's warning about the risk of online attacks. three companies have had impressive runs since their recent ipos. panetta took on the cyber security issue and in strong words put corporate america and the government on notice. >> the collective result of these kinds of attacks could be a cyber pearl harbor. an attack that would cause physical destruction and the loss of life. >> let's bring in eamon javers live at pentagon. were these a little bit hyperbole? >> it was blunt talk front of a business group in new york. this message is very clearly designed to delivered to business and defense secretary panetta raised some of the worst case scenarios here. let me walk through some of the specters he raised. he's talking about a cyber attack that could derail passenger trains, freight trains loaded with lethal chemicals that could contaminate the water supplies in major cities or shut down the power grid across large parts of the country. nbc news is now reporting just today that officials here in the united states t
. >>> cyber security stocks higher today after defense secretary leon panetta's warning about the risk of online attacks. three companies have had impressive runs since their recent ipos. panetta took on the cyber security issue and in strong words put corporate america and the government on notice. >> the collective result of these kinds of attacks could be a cyber pearl harbor. an attack that would cause physical destruction and the loss of life. >> let's bring in eamon...
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Oct 8, 2012
10/12
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when our defense spending is being arbitrarily and deeply cut and we have no trade agenda to speak of, and the perception of our strategy is not one of partnership, but of passivity. >> virginia governor bob mcdonald introduced romney to the crowd. he spoke mainly about the impact of mandatory defense cuts in virginia, if congress does not reach a budget deal. >>> meanwhile, president obama is on the opposite side of the country. he is embarking on a west coast fundraising swing for the next two days. his campaign is expected to bring in about nine and a half million dollars. >>> well the league of women voters is sponsoring tonight's debate between former governors george allen and tim kaine. they are vying for webb's senate seat. you can watch it live right here on wusa 9.com. >>> well tonight in maryland, ravens linebacker brendan yo is scheduled to join governor martin o'malley supporting same sex marriage. maryland is one state considering legalizing those marriages last month. the ravens linebacker spoke out in favor of the referendum. another player, center matt burk released a
when our defense spending is being arbitrarily and deeply cut and we have no trade agenda to speak of, and the perception of our strategy is not one of partnership, but of passivity. >> virginia governor bob mcdonald introduced romney to the crowd. he spoke mainly about the impact of mandatory defense cuts in virginia, if congress does not reach a budget deal. >>> meanwhile, president obama is on the opposite side of the country. he is embarking on a west coast fundraising swing...
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it is split between defense and non-defense fell the 3% of spending. is nothing. >> this does not go far enough? >> no. and the budget with spending cuts and paul ryan's cuts is only 10% of spending. $400 billion per year named as duplication and overlap from senator sessions and senator kohlberg 10 percent most have done that to say business. >> is there a political appetite on either side? they had a presidential debate. the fiscal cliff was not even brought up. who has the will to say this is not draconian the? >> the republican house proposed a budget of even more spending cuts and what chairmen ryan proposed. >> hugo year-round the say i have a plan in hand. take of buzz saw to it. fayyad of great plant corporations put more into the welfare fund but then they say higher taxes across the board is there the political will? >> they have to. otherwise it will be the future consequences medicated zinn trouble, the smaller items are so easy 26 different agencies the government is going broke why do they tell us how to balance the checkbook? >> you have
it is split between defense and non-defense fell the 3% of spending. is nothing. >> this does not go far enough? >> no. and the budget with spending cuts and paul ryan's cuts is only 10% of spending. $400 billion per year named as duplication and overlap from senator sessions and senator kohlberg 10 percent most have done that to say business. >> is there a political appetite on either side? they had a presidential debate. the fiscal cliff was not even brought up. who has the...
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Oct 12, 2012
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>>> the dire warning from the secretary of defense, the next national security threat may be as close as your computer. i'm tyler matheson, and i am "power lunch." scott, back to you baby. >> thanks, man, see you at the top of the hour. >>> spain continues to be the key focus for currency traders watching the euro. is the debt-ridden country finally getting closer to requesting a bailout. let's bring in boris schlossberg of bk asset management. >> i think you get that romney video to gangnam style. i think that's the trade for today. >> i don't know if it will help his bid for the white house. >> we'll see, we'll see. asked of spain, i think we're in a quandary obviously now but the market consensus i think is they're eventually going to move towards a bailout. i do think that at this point, they really have to create some sort of a structure in order to be able to rescue themselves out going forward. i think that's why you see in the euro continuing to remain at the levels for right now. it's in a quandary and i think the interesting trade right now in my opinion is basically not to
>>> the dire warning from the secretary of defense, the next national security threat may be as close as your computer. i'm tyler matheson, and i am "power lunch." scott, back to you baby. >> thanks, man, see you at the top of the hour. >>> spain continues to be the key focus for currency traders watching the euro. is the debt-ridden country finally getting closer to requesting a bailout. let's bring in boris schlossberg of bk asset management. >> i think...
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joining me is tim mack, foreign policy and defense reporter for politico. tim, good morning. what do you expect romney to focus on in his speech at the virginia military institute on monday? >> yeah. the virginia military institute speech is going to focus primarily on foreign policy. it's going to be a big, broad speech about what he would do as commander in chief, and you can expect him to go straight to benghazi, to go straight to what he views as the president's inability to kind of take an aggressive foreign policy stance on the global stage. no doubt he is going to mention veterans, and i think he will also see him talk about his plan to raise defense spending. up to 4% of gdp, which is higher than it is even now. >> this is certainly about posturing, about sounding presidential, but how does this compare to president obama's last major foreign policy speech, the one that he maude at the united nations general assembly? >> it's going to be quite different. i mean, the president is probably more conciliatory and mitt romney is going to take a more aggressive tone towards
joining me is tim mack, foreign policy and defense reporter for politico. tim, good morning. what do you expect romney to focus on in his speech at the virginia military institute on monday? >> yeah. the virginia military institute speech is going to focus primarily on foreign policy. it's going to be a big, broad speech about what he would do as commander in chief, and you can expect him to go straight to benghazi, to go straight to what he views as the president's inability to kind of...
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the white house, pentagon, defense contractors, greta operators, democracy groups. china wants to sell the telecom backbone because if they do that it makes the attacking easier. gerri: that makes sense. i get that. i want you to hear something mike rogers had to say about this report. >> i argued this. listen, this is something we should raise to a bilateral level with china. they have gone unfettered in this activity for years. all american companies know it. there are two companies left in america that have intellectual property, those that have been hacked and no and those that have been hacked and don't know what. gerri: apparently everyone has been hit in some way. what was interesting about this, the left and right, dams and republicans, a bipartisan report how important is this threat right now? >> well, the problem is what you do about it. steve things, one, heading into the defense industry and the stealing stuff that is costing us hundreds of billions of dollars to develop a new fighter , submarine. stealing that and they then have all of that technology.
the white house, pentagon, defense contractors, greta operators, democracy groups. china wants to sell the telecom backbone because if they do that it makes the attacking easier. gerri: that makes sense. i get that. i want you to hear something mike rogers had to say about this report. >> i argued this. listen, this is something we should raise to a bilateral level with china. they have gone unfettered in this activity for years. all american companies know it. there are two companies...
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Oct 7, 2012
10/12
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hart who had been on such an offensive all of a sudden has to be on defensive and he doesn't handle it very well. >> john: there were several things that hart didn't handle very well. >> he was reeling and we came right back in which was the red phone. >> most powerful responsibility in the world lies in the hand that picks up this phone. >> john: they used emotion to sell the idea that gary hart was style and not substance. >> vote as the future of the world is at stake. >> john: decades later. your children are safe and asleep. >> hillary clinton's use the same theme to attack barack obama. >> in this case it was barack obama. we said to gary hart it's 2:00 in the morning. yeah, did they steal it from us? absolutely. >> john: it's more likely to be a direct attack. americans say we don't like these attacks, but they do work. in the swing states they now run all the time. >> if you are hearing me approve this message, believe me so am i. >> i'm barack obama, eye i'm mitt romney and i approve this message. >> john: however, most of you won't see those messages. you have been excluded.
hart who had been on such an offensive all of a sudden has to be on defensive and he doesn't handle it very well. >> john: there were several things that hart didn't handle very well. >> he was reeling and we came right back in which was the red phone. >> most powerful responsibility in the world lies in the hand that picks up this phone. >> john: they used emotion to sell the idea that gary hart was style and not substance. >> vote as the future of the world is at...
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Oct 14, 2012
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it seems to me it peculiar defense to say it is okay, just the president and vice-president of the uted states who don't know what's going. >> what is it that he could hav said? yes, we did not, should have known. lou: here is a radical -- if i may proffer something radical the would be, i think, justan exclusive response, the truth. i know that is an untested. the think there is going to be an insistence. i really do. it is going in -- >> but people don't make -- boat based on foreign policy for the most part. >> but the way that it is changing. lou: kiddy have done better in the early he handled was a manic strategy on the part of the vice-president? >> i think he did very well, and we get to know and. kudos for the job he did. >> said think he was very long winded, thrown off his game, but i admire the fact that he tried to stay focused and was very factl. >> you was not thrown off. lou: the stories of mainstream, you know, these situations of how people talk -- lou: how long when it was the congressman? >> long winded. >> about the way that i was right now. lou: thank you very much.
it seems to me it peculiar defense to say it is okay, just the president and vice-president of the uted states who don't know what's going. >> what is it that he could hav said? yes, we did not, should have known. lou: here is a radical -- if i may proffer something radical the would be, i think, justan exclusive response, the truth. i know that is an untested. the think there is going to be an insistence. i really do. it is going in -- >> but people don't make -- boat based on...
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Oct 11, 2012
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increases, obama has done nothing about defense. in his term. obama says no social security cut, romney says i agree, medicare, they make a big fuss about and they remind people nothing will happen for the next decade. neil: you be stepping this elect out? >> i see there is nothi to be gaining my issue, fiscal issue, the core of what threatening our economy our way of lif -- our future, i can not see we would make headline way. neil: the worries you had more than 3 decades ago, you still have today, you -- i know you have written about it, painted a worrisome picture for ronald reagan back then, did he ignore you then? what? >> well, the thing was that was a clean balance sheet, we had a trillion worth of national debt, that was a small fraction of our gdp, 30 years later we used up the balance sheet. neil: but at the time about he say, dave, stop it. you are depressing me? >> no. he basically said, one deficit was inherited from jimmy carter, let's blame him, and let's cut fraud, waste and abuse, he was unwilling to take on sial se
increases, obama has done nothing about defense. in his term. obama says no social security cut, romney says i agree, medicare, they make a big fuss about and they remind people nothing will happen for the next decade. neil: you be stepping this elect out? >> i see there is nothi to be gaining my issue, fiscal issue, the core of what threatening our economy our way of lif -- our future, i can not see we would make headline way. neil: the worries you had more than 3 decades ago, you still...
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if he plays prevent defense and i know his consultants are going to want him to be very, very careful and not make a mistake. that's how you will lose to barack obama. in the radio clip, my point was, he is going to come out swinging and he's going to come out maybe with a few punches below the belt. romney is going to do what he did in the first debate. that is, american voters are very interested in style, maybe even more style over substance and that was the first debate you've ever seen where barack obama was outstyled. body language, mitt romney looked much more presidential and come out mitt romney and continue to strike contrasts say that we are not a government with a country, we're a country with a government and empower the people in every way possible and point out that, you know, americans have lost 40% of their net worth under this administration. as you pointed out earlier, gas prices are twice as high. we have acts of war on anniversaries of 9/11 with no response other than appointing the task force to understand whether it was a spontaneous task force. point these thin
if he plays prevent defense and i know his consultants are going to want him to be very, very careful and not make a mistake. that's how you will lose to barack obama. in the radio clip, my point was, he is going to come out swinging and he's going to come out maybe with a few punches below the belt. romney is going to do what he did in the first debate. that is, american voters are very interested in style, maybe even more style over substance and that was the first debate you've ever seen...
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criminal defense attorney holly hughes is here. okay, critics say it could go too far and be misused. how do you think a law like this will be interpreted in the courts? >> i think it is coming back. it will be challenged. it will not pass constitutional muster, what is called vague and over-broad. and anything you do, essential that causes pain. well, what happens when your child is about to run into the street and you snatch them back by the arm and that causes pain. have you suddenly -- are you on the hook for child abuse, are you going to be arrested for that? this is craziness. >> my parents would be life in prison. >> oh, my word, exactly, mine, too, mine too. i was just talking about that. productive members of society. you know, neither one of us is advocating abuse. >> there is a difference. >> right, there is an absolute difference, a line between abuse and discipline. and you need to be able the discipline your children. i mean, this is way too much over-reaching, too much state inference with the ability to necessarily
criminal defense attorney holly hughes is here. okay, critics say it could go too far and be misused. how do you think a law like this will be interpreted in the courts? >> i think it is coming back. it will be challenged. it will not pass constitutional muster, what is called vague and over-broad. and anything you do, essential that causes pain. well, what happens when your child is about to run into the street and you snatch them back by the arm and that causes pain. have you suddenly...
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. >> let me just step back just a minute here about your defense of the president's performance. what is your theory? i mean, it was widely panned, and the thing is if he thought as he said the next day that mitt romney isn't telling the truth, that mitt romney is remaking himself, why wouldn't he say that on the stage? what went wrong there? >> well, again, i'm not in president obama's mind. i was in denver. i was in that audience. you know, as a debater, of course, i've never run for president, but have you to decide do you want to spend all your time all night long refuting someone's lies about your record or even about their own, and mitt romney is a guy -- i have never seen this before. he has been on two different sides of his own plan, which, of course, he won't explain, so he can have multiple positions about something that doesn't exist. i think the president wanted to get across his points. he had facts. mr. romney didn't. and, you know, that debate is over, so, you know, i mean, i guess i would only suggest we don't need to debate about the debate. there will be two mo
. >> let me just step back just a minute here about your defense of the president's performance. what is your theory? i mean, it was widely panned, and the thing is if he thought as he said the next day that mitt romney isn't telling the truth, that mitt romney is remaking himself, why wouldn't he say that on the stage? what went wrong there? >> well, again, i'm not in president obama's mind. i was in denver. i was in that audience. you know, as a debater, of course, i've never run...
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Oct 10, 2012
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steve jobs looked at situations like that and he got defensive. he was basically the hell with you. >> got defensive, people got angry and the stock would take momentary hits that would leave buying opportunities for the rest of us, but created hits. people made fun of him, consumer reports was trashing steve jobs as you remember over the antenna problems and the construction jobs was out there blaming all the 1,000 people in the auditorium in the ballroom saying it was caused by their interference of their own wireless systems. he had everybody turn it off, the lights off in the theater have everybody look at everybody else and he couldn't get it to work. and it took him about 40 days to respond to an antenna problem blaming the users all the time, saying we have a problem with maps, we're going to fix it. that speaks for a lot. it's very impressive. the ceos of mattell and other great companies, we've seen them take responsibility when there's problems. that's encouraging. yo ur lo you're looking at -- people were complaining about that weekend
steve jobs looked at situations like that and he got defensive. he was basically the hell with you. >> got defensive, people got angry and the stock would take momentary hits that would leave buying opportunities for the rest of us, but created hits. people made fun of him, consumer reports was trashing steve jobs as you remember over the antenna problems and the construction jobs was out there blaming all the 1,000 people in the auditorium in the ballroom saying it was caused by their...
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Oct 13, 2012
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that is why there i a national security council staff at the going on at the state department at the defense department, to make sure that the critical issues are brought to the president's attention. this was obviously a very high-risk posed and, indeed, it was opposed where al qaeda killed our ambassador. the entire national security staff to list? biggest if so and his comments seemed to indice that the maid is the state department's responsibility alone, want to know what is going to the mind of diligence and right now and, perhaps an even more importantly what is going to the mind of bill clinton that his boss, secretary has just been determined the bus. lou: well, the author of the book, the best seller, new york times best selling but the amateur on the obama administration today writing for the daily caller saying that he is aware now of a rift that has broken out between the clintons and the obama lighthouse and much of that divide has been created by the way in which the secretary of state has been treated in this -- in what is now becoming , one could say a controversy, a scandal
that is why there i a national security council staff at the going on at the state department at the defense department, to make sure that the critical issues are brought to the president's attention. this was obviously a very high-risk posed and, indeed, it was opposed where al qaeda killed our ambassador. the entire national security staff to list? biggest if so and his comments seemed to indice that the maid is the state department's responsibility alone, want to know what is going to the...
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a little more defensive there. >> lee, if, in fact, we're talking about slowdown in production but a rise in consumption in china, why would you buy caterpillar right now? >> well, first of all, i think we have to remember you look at a yum brand that has 40, 45% of their earnings coming from china. caterpillar has a very low amount of earnings directly from china. everybody on the street agrees that caterpillar moves with our expectation of how good china will grow. but caterpillar is just starting that growth stage versus yum. it already has so much riding on the chinese economy. the other guest, i hear you. if you think that deceleration is not going to be a problem, that's fine. i would rather go with a company that has a game to win versus a game to lose. yum is extremely dependent. that company structure is dependent on china working out. i wouldn't necessarily disagree or agree with having that stock. but caterpillar has much less of their actual earnings coming from that middle kingdom. so if we have a hard landing, if it's worse than we expect, caterpillar will still be a go
a little more defensive there. >> lee, if, in fact, we're talking about slowdown in production but a rise in consumption in china, why would you buy caterpillar right now? >> well, first of all, i think we have to remember you look at a yum brand that has 40, 45% of their earnings coming from china. caterpillar has a very low amount of earnings directly from china. everybody on the street agrees that caterpillar moves with our expectation of how good china will grow. but caterpillar...
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defense spending. they're getting ready for that. that is a good thing to see with boeing. fuel cost rises fuel efficiency is a big deal. that is what dreamliner gives them. they have a seven-year backlog. liz: it is a popular aircraft. from the aircraft maker to the carrier, folks taking notes here. boeing and gap he says will outperform. now the two you feel will underperform earnings expectations. we go to an air carrier. >> jetblue. unfortunately they aren't as low cost as they used to be. they pride themselves on their lower costs. they used to charge, used to cost them 5 cents for each available passenger kilometer. now costs them 7 cents. so they're not as low as they used to be just three years ago. that is a worrying sign for jetblue. hurricane irene affected them. florida was one of their main ports and they got affected by hurricane irene. that will bring down their of the pros. just a year ago there was lockout and they didn't pass the faa taxes for the airlines. airlines pocketed that. this year the tax is in place. airlines aren't going to see that. david: oka
defense spending. they're getting ready for that. that is a good thing to see with boeing. fuel cost rises fuel efficiency is a big deal. that is what dreamliner gives them. they have a seven-year backlog. liz: it is a popular aircraft. from the aircraft maker to the carrier, folks taking notes here. boeing and gap he says will outperform. now the two you feel will underperform earnings expectations. we go to an air carrier. >> jetblue. unfortunately they aren't as low cost as they used...
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Oct 7, 2012
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. >> we are in a defensive mode. we have the facility surrounded and we are basically just in a defensive mode where we're just actually containing the fire. >> you don't want to extinguish the fire. you want to contain it. and just let it burn itself out so that you're not releasing the free gas into the atmosphere to start another fire somewhere else. >> officials shut down a half mile wide area around the fire as the cylinders launch on to the nearby highway. >> we're so used to going in, handling the situation of putting the fire out, but this fire was leaving the situation, it was jumping on top of bridges and that was just something we hadn't seen before. >> nearby businesses get shelled. >> it was like a war zone. we don't know where the next cylinder's going to come down or where the next missile may land. that caused a lot of concern. >> people on the street are moving targets. >> i heard there are tanks that are exploding. when you hear those go off, they sound like mortar rounds and everybody looks up to w
. >> we are in a defensive mode. we have the facility surrounded and we are basically just in a defensive mode where we're just actually containing the fire. >> you don't want to extinguish the fire. you want to contain it. and just let it burn itself out so that you're not releasing the free gas into the atmosphere to start another fire somewhere else. >> officials shut down a half mile wide area around the fire as the cylinders launch on to the nearby highway. >> we're...
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oh, and the bigger things on his mind defense/talking point. >> the president was flat. i don't know what else was on his mind, it could have been his anniversary what was going on in syria and turkey -- >> it looked like to me he really did not want to be there. his mind wasn't on it and he didn't want to engage. >> everything you heard there is a talking point, with maybe the exception of chris matthews and james carvel, and he said everybody has an off night and the president had one on wednesday, and maybe, and i say maybe because all along the criticism from the right is that candidate obama and president obama is out of his league, not a real president, they've said that, john sununu on msnbc. >> what people saw last night is a president that revealed his incompetance, and he has no idea how serious the economic problems are and how he failed to even begin to address him. >> it's obvious that he is a real president and has been on the job for almost four years and i don't think a person that keeps a schedule like he does is lazy, and detached, i am not so sure abou
oh, and the bigger things on his mind defense/talking point. >> the president was flat. i don't know what else was on his mind, it could have been his anniversary what was going on in syria and turkey -- >> it looked like to me he really did not want to be there. his mind wasn't on it and he didn't want to engage. >> everything you heard there is a talking point, with maybe the exception of chris matthews and james carvel, and he said everybody has an off night and the...
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has a great dividend yield. 3m on the other hand is more defensive. probably a little less upside. we think that stock is worth about $100. again, a great dividend yield. very well diversified company. no one division accounts for more than 10% of their sales. >> all right. thank you, both. interesting discussion. talk to you soon. >> thank you. see you soon. >> thank you. >> you're right. a lot of tourists go to tiffany's to buy their souvenirs. that's an expensive souvenir. myself, i'd go to 8th avenue and buy a t-shirt. >> i love new york. >> exactly. we got 40 minutes left in the trading day. it is a squeaker. will we be positive for the first time this week? right now the dow is virtually unchanged. >> so washington may not get it, but the authors of the simpson-bowles tax plan say the american people do get it. >> for generations we've asked our politicians to bring home the bacon. well, the pig is dead. >> we're going get reaction to that incredible exclusive interview coming up. >> that was great. i hope you got to see that today with steve liesman. >>> also, pc sales plung
has a great dividend yield. 3m on the other hand is more defensive. probably a little less upside. we think that stock is worth about $100. again, a great dividend yield. very well diversified company. no one division accounts for more than 10% of their sales. >> all right. thank you, both. interesting discussion. talk to you soon. >> thank you. see you soon. >> thank you. >> you're right. a lot of tourists go to tiffany's to buy their souvenirs. that's an expensive...
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know, doing that through an etf like bym is a good basket of dividend-paying stocks that are in the defensive sector while you can still pocket a 3% yield. liz: a vanguard high-dividend yield. david: and yum. tony, you're big on yum. you must be happy with the news, right? >> well, i mean, it is great, you know? 50% of companies are missing on the top end, so to hear 'em do that, you know, it's good news. david: all right. tony and david, thank you, gentlemen. good to see you both. appreciate it. liz: thank you very much. david: chinese telecom giant huawei is being called a national security threat or at least it could become one by a new congressional report. the company isn't taking the accusations lightly, they're calling it reckless, and we have huawei's vice president of external affairs to make his case coming up. liz: don't miss that. plus, don't miss this: orasure, the company that came out with the home hiv test, that test hitting stores you can take it home, do can it privately. could be a huge game changer. the ceo joins us in his first be business television interview with a look
know, doing that through an etf like bym is a good basket of dividend-paying stocks that are in the defensive sector while you can still pocket a 3% yield. liz: a vanguard high-dividend yield. david: and yum. tony, you're big on yum. you must be happy with the news, right? >> well, i mean, it is great, you know? 50% of companies are missing on the top end, so to hear 'em do that, you know, it's good news. david: all right. tony and david, thank you, gentlemen. good to see you both....
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as i think more though the defense spending difference is actually important. here i take the president's side. governor romney has suggested the president's defense cuts would be excessive, but i think they have been fairly thoughtfully presented so >> jennifer: well, there is an -- there's -- i want to ask you about iran too in addition. would mitt romney for example be more likely to allow israel to strike first, iran if they are not satisfied with the -- you know the red line? >> that's -- that's the sort of body language and also the language that governor romney used this summer where he did suggest that israel has the ability to make the decision itself. i by the obama administration has been more his important to give israel any such green light. i think both have said an nuclear weapon is unacceptable but where you may see a little bit more difference is romney may be inclined earlier to bless a israel decision to use force or participate in it in himself. i think it's an important nuance. >> jennifer: very quickly what further sanctions could help to
as i think more though the defense spending difference is actually important. here i take the president's side. governor romney has suggested the president's defense cuts would be excessive, but i think they have been fairly thoughtfully presented so >> jennifer: well, there is an -- there's -- i want to ask you about iran too in addition. would mitt romney for example be more likely to allow israel to strike first, iran if they are not satisfied with the -- you know the red line?...
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the fact is, now that romney lied to me that is there defense. if it wasn't for bad news the president would not make news on the economy, foreign policy, or anything else, and it is now up to them to play offense. they can't because they have a record 56 quickly name one thing that this president has taken -- i mean, brad makes a great point. one thing, foreign policy, domestic policy, personal life, whenever, one thing he has taken responsibility for. one failing. >> the killing of osama bin london is what he takes credit for. lou: that credit. that is a success. with that we have to say thank you. but here with a list of all sorts of answers on their next appearance. one viewer makes it very interesting observation about subsidies to the public broadcasting system. we will be right back. stay with us. ♪ this happy couple used capital one venture miles fotheir "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out..... but i'm a bridesmaid. oh! "x" marks the spot she'l
the fact is, now that romney lied to me that is there defense. if it wasn't for bad news the president would not make news on the economy, foreign policy, or anything else, and it is now up to them to play offense. they can't because they have a record 56 quickly name one thing that this president has taken -- i mean, brad makes a great point. one thing, foreign policy, domestic policy, personal life, whenever, one thing he has taken responsibility for. one failing. >> the killing of...
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defense truck maker shot up on news investor carl icahn may buy them. starting next year, walmart is going to offer employees free heart, spine transplant surgeries. the reason? walmart believes paying more to get the job done right the first time saves on complications. >>> the u.s. postal service will raise rates on january 27 to offset a record $15 billion in losses this year. good news if you stocked up on forever stamps in 2007, you are now saving a nickel a piece. >>> to get a warm fuzzy feeling when you see the thumbs up sign next to your facebook page? of course we do, right? creative students have taken it a step further. they designed a vest that inflates when you are wearing it and gives you a hug when someone likes your facebook status. >>> one of the stories trending has to do with past winners of the nobel prize. a new study showed a corelation between eating chocolate and winners. those who consumed more chocolate brought back more nobel prizes. >>> the as are sent packing. plus, san francisco slams into the nlcs. sports is ahead on "firs
defense truck maker shot up on news investor carl icahn may buy them. starting next year, walmart is going to offer employees free heart, spine transplant surgeries. the reason? walmart believes paying more to get the job done right the first time saves on complications. >>> the u.s. postal service will raise rates on january 27 to offset a record $15 billion in losses this year. good news if you stocked up on forever stamps in 2007, you are now saving a nickel a piece. >>> to...
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i would have never signed the national defense authorization act. i would repeal the patriot act. i think that we need to balance the federal budget now, or we're going to find ourselves in a monetary collapse. and let's abolish the irs and eliminate income tax and corporate tax. we'll reboot the american economy tens of millions of jobs get created in a zero corporate tax rates environment. >> jill, starting with you, if you can stick to a minute, how would you fix the struggling economy? >> well, we think this doesn't need to be guesswork. we have experience creating jobs in the worst economy the country has ever known during the great depression. we created jobs by directly creating them, not by providing tax breaks for the wealthy or not by ending a tax system entirely which would basically turn the country over to the despair, the unemployment, you know, the problems that we have. we need government to step in where the private sector is unwilling and to see create jobs. >> same question -- unwilling and unable to create jobs. >> same question, gary, in one minute if you can
i would have never signed the national defense authorization act. i would repeal the patriot act. i think that we need to balance the federal budget now, or we're going to find ourselves in a monetary collapse. and let's abolish the irs and eliminate income tax and corporate tax. we'll reboot the american economy tens of millions of jobs get created in a zero corporate tax rates environment. >> jill, starting with you, if you can stick to a minute, how would you fix the struggling...
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. >> and the defense contractors also. cheryl: we also showed that basically that defense will be a big loser if the president stays in office. >> there will be different winners and losers depending on who wins. and all environments, you do very well owning consumer brands that that people love. they take advantage of the growth of the middle class. what we suggest is who matters does when. if you are not sure, you should be in index funds. what you want to do after the next several years is what you will find. again, if obama retains, you will want to avoid certain sectors. if romney wins, you will want to invest in certain sectors. cheryl: we really do not know who will win at this point. joe durrant, thank you. >> thank you. dennis: it is a quarter till. every 15 minutes we have stocks now. nicole is taking a look at navistar. nicole: it is dumping more than 7%. you have some activists including karl icahn. they have been working very hard to try to change some of the board members. the number of board members would be
. >> and the defense contractors also. cheryl: we also showed that basically that defense will be a big loser if the president stays in office. >> there will be different winners and losers depending on who wins. and all environments, you do very well owning consumer brands that that people love. they take advantage of the growth of the middle class. what we suggest is who matters does when. if you are not sure, you should be in index funds. what you want to do after the next...
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defense is interesting. these guys don't have a lot of control over defense budget. say you want to have -- i want more nuclear submarines i will give a big contract. those things cost a fortune. we don't have that money anymore. >> romney has called for five subs. >> you buy general dynamics and short it under obama because he' bringing up the private jet thing again. you and i want a gulfstream. and that's the only fol crumb name. the president did bash private jets. that's like the good old days. but yes, electric boat gets those contracts. they know how to make the best submarines in the world. >> you look at this as a mercenary, find ways to see what's going to happen no matter what happens. >> it's not about friends. look, take chesapeake, chesapeake is a company that wants to drill everywhere, second largest driller for natural gas and bingo, i mean that's a romney name like it or not. >> thank you so much. >> great to work with you. see you in the morning. >> right back up, when we come back after this debating the state of business made in the usa and how th
defense is interesting. these guys don't have a lot of control over defense budget. say you want to have -- i want more nuclear submarines i will give a big contract. those things cost a fortune. we don't have that money anymore. >> romney has called for five subs. >> you buy general dynamics and short it under obama because he' bringing up the private jet thing again. you and i want a gulfstream. and that's the only fol crumb name. the president did bash private jets. that's like...
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. >> in defense i rode rode my bicycle to work. melissa: steve, give a picture. i don't believe it. >> i will tweet it to you after this i absolutely did. melissa: good for you. >> give governor brown credit. he often gets criticized for siding with environmentalists against consumers and bbsinesses. this time he went the other way. good for him. we have the delicate balance. we want to protect the environment. we're very proud of the beautiful landscape out here in california but we also want to make sure we don't strangle businesses. that delicate balance is hard to achieve but i think governor brown did the right thing. melissa: i can't believe you're making this argument. it is completely ridiculous. drivers have only themselves to blame. this was riff ren dumb to special cocktail of gasoline that so so expensive and so rare. not only that in 2015 it is getting worse. another proposition came in where standards will get even higher, tighting the stranglehold around drivers you're talking about. votely theirselves to blame for this situation and getting relief
. >> in defense i rode rode my bicycle to work. melissa: steve, give a picture. i don't believe it. >> i will tweet it to you after this i absolutely did. melissa: good for you. >> give governor brown credit. he often gets criticized for siding with environmentalists against consumers and bbsinesses. this time he went the other way. good for him. we have the delicate balance. we want to protect the environment. we're very proud of the beautiful landscape out here in california...
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second, he built more naval ships, ships that the defense department and generals don't even want. so i think a lot of americans have got to ask, yeah, we've got a lead in the world but what in the heck are we doing, proposing that won't make america stronger and safer in the long run and those are the only two specifics that i can see that were really different from what president obama is actually doing. >> now, brian, you've used the word disarray about his foreign policy. what do you mean by that? >> well, he doesn't actually have clear positions on most issues. i think it's reflective of the american party today. you know, you've got a party that essentially says, government spending doesn't create jobs except when it's defense spending but then you have tea party folks saying, we shouldn't be spending anything at all. you have a republican that doesn't know what it stands for on what to do about the middle east and i think it comes through in the candidate's speech today. he doesn't have specifics about what he would do in syria. he seems to hint that we would go to war there
second, he built more naval ships, ships that the defense department and generals don't even want. so i think a lot of americans have got to ask, yeah, we've got a lead in the world but what in the heck are we doing, proposing that won't make america stronger and safer in the long run and those are the only two specifics that i can see that were really different from what president obama is actually doing. >> now, brian, you've used the word disarray about his foreign policy. what do you...
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ashley: defense secretary leon panetta says, the united states could face a quote, cyber pearl harbor. former cybersecurity chief howard schmidt will be along. he will tell us what the government should be doing to protect america. lori: that is it quite concerning. ashley: the banks can't seem to protect themselves. it will be interesting to speak to him. as we do every 15 minutes, let's head down to the floor of nyse, heading lower. >> ashley, essentially lower all week. we're going to close down for the week at this rate. let's look at the s&p 500 now. the level to watch is essentially right where we are, 1428. that is the 50-day moving average. if we close below that level today which is entirely likely, that might signal more of a downturn and suggesting that this rally we've essentially seen all summer is over. so that is something that definitely worth discussing and looking at as we test this key support level. as for the tech-heavy nasdaq, it's been down for six days in a row now. like you said earlier, when you were introing the show, that would be the longest and worst losi
ashley: defense secretary leon panetta says, the united states could face a quote, cyber pearl harbor. former cybersecurity chief howard schmidt will be along. he will tell us what the government should be doing to protect america. lori: that is it quite concerning. ashley: the banks can't seem to protect themselves. it will be interesting to speak to him. as we do every 15 minutes, let's head down to the floor of nyse, heading lower. >> ashley, essentially lower all week. we're going to...
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looking at president clinton's second term, from balanced budgets to a defensive marriage act, balanced welfare, probably among the most conservative presidents since calvin cooli e coolidge. i want defer to him and certainly given the fact he was impeached i would defer to president clinton on who's being dishonest or not. he's clearly more of a subject. >> i got the backhanded compliment. you sucker punch the guy but that's not my question. the question is, the essence of what he's saying today, not 12 years ago, not before the game, the game today, as he has described bill clinton describing mitt romney yesterday, what is your take on the man i'm assuming romney you the conservative will vote for and i say assume because i don't know where you go on this. you have stated that you despise mitt romney even though you're a conservative. >> well, i would -- you know, i want to go back to something my peer on the panel here, politico, they have an article quoting the pro-life leaders quoting romney saying he's given promises to do things on the issue. if that's true and what they're sayin
looking at president clinton's second term, from balanced budgets to a defensive marriage act, balanced welfare, probably among the most conservative presidents since calvin cooli e coolidge. i want defer to him and certainly given the fact he was impeached i would defer to president clinton on who's being dishonest or not. he's clearly more of a subject. >> i got the backhanded compliment. you sucker punch the guy but that's not my question. the question is, the essence of what he's...
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>> so you're sof on defense? >> i knew how i should answer the questions, but under pressure it's hard. i'm saying take it back to the clinton days. "instinct is to answer the questions that are asked, but consultants day don't. >> you're still answering my questions, but most of the time you want to be delivering your message. >> they say sarah palin was good at that. >> governor palin answered the questions in her debate on her terms. >> governor palin, is that so? >> that's not so, but becau that's a quick answer i want to talk about my record on energy. >> she was able to pivot most of the questions on to ground that she was comfortable in handling the questions on. >> they kept grilling me. >> do you believe college is stupid? >> i -- >> don't you think that saying college is stupids an irresponsible remark to make? >> no. for some people college is stupid. >> you just gave him some tape. >> now they'll make a commercial of you saying college is stupid. >> he says college i stupid. >> college is stupid. >> s
>> so you're sof on defense? >> i knew how i should answer the questions, but under pressure it's hard. i'm saying take it back to the clinton days. "instinct is to answer the questions that are asked, but consultants day don't. >> you're still answering my questions, but most of the time you want to be delivering your message. >> they say sarah palin was good at that. >> governor palin answered the questions in her debate on her terms. >> governor...
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department of defense will wring it hands and say oh yes, we have a problem, but then when the media stops paying attention, nothing is done. there's been no structural reforms. and it's the structure, the way in which they have people report that's the problem. they allow the chain of command -- that sounds like a hierarchy. it sounds like it's a lot of people. but what you're actually talking about is empowering one human being, one individual to unilaterally shut down investigation prosecution of rape. because of that structure, there's a serious underprosecution. you know, only a fraction -- less than ten pier10% ever get prosecuted. and far less are convicted of rape. >>> a former teammate says lance armstrong was doepg. you'll hear from him next. which can withstand over three and a half tons. small in size. big on safety. you'll hear from him next. attention, owner of the light blue smart with the blackish-blue frame and the white dots and the splattered paint pattern, your lights are on. what? [ male announcer ] the endlessly customizable 2013 smart. what? then don't miss sle
department of defense will wring it hands and say oh yes, we have a problem, but then when the media stops paying attention, nothing is done. there's been no structural reforms. and it's the structure, the way in which they have people report that's the problem. they allow the chain of command -- that sounds like a hierarchy. it sounds like it's a lot of people. but what you're actually talking about is empowering one human being, one individual to unilaterally shut down investigation...
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aside from the two big hits the a's relied on their pitching and defense. >>> back in the top of the second, oakland outfield coco crisp makes a leaping grab to rob a would-be home run by prince fielder. >>> well, to football now, nfl commissioner roger goodell reduced the bounty related suspensions of two new orleans saints players. linebacker scott fujita's three game suspension has been reduced to one. and defensive end anthony hargrove's eight game penalty has been trimmed to seven. >>> felix baumgartner's death defying sky dive from 23 miles above earth has been postponed due to gusty winds. so we will keep you posted on that. what is up with that? gusty winds? hey, i know who to ask about that. bill karins. you know all about gusty winds. >> hot air balloons -- >> get it? >> i do, i do. full of hot air. yeah. one of us. if you're in new england today, bring the umbrella. light rain and showers. eventually all of this rain back here from detroit to north will sweep through new york state and northern thunk. so a period of some rain as the cold front slides on through. it will be
aside from the two big hits the a's relied on their pitching and defense. >>> back in the top of the second, oakland outfield coco crisp makes a leaping grab to rob a would-be home run by prince fielder. >>> well, to football now, nfl commissioner roger goodell reduced the bounty related suspensions of two new orleans saints players. linebacker scott fujita's three game suspension has been reduced to one. and defensive end anthony hargrove's eight game penalty has been trimmed...
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those countries -- europe does very little in the way of its own defense, et cetera. we are the primary drivers of defense spending in the entire world. we have a lot more to protect. so, to say they're doing business in europe doesn't answer the concerns of the united states. >> i'm not sure what the connection is there. hauwei sells commercial telecommunications infrastructure. this is the plumbing through which internet traffic takes place. we don't operate any networks. the gear they deploy is built to the same global standards as our competitors and all of it is being developeded and coded and built in china to a great extent. there are vulnerabilities, but they are universal. and anyone that would purport to suggest that you can resolve those by singling out a single company is actually creating a more dangerous cyber situation by lending to a false sense of security. >> all right, sir, thank you very much for appearing first on cnbc. >> thank you very much. >> coming up, will our children hate us because of our debt and deficit? the architect of greece's debt d
those countries -- europe does very little in the way of its own defense, et cetera. we are the primary drivers of defense spending in the entire world. we have a lot more to protect. so, to say they're doing business in europe doesn't answer the concerns of the united states. >> i'm not sure what the connection is there. hauwei sells commercial telecommunications infrastructure. this is the plumbing through which internet traffic takes place. we don't operate any networks. the gear they...